John B. Sanfilippo & Son, Inc. $JBSS Shares Purchased by Invenomic Capital Management LP

Invenomic Capital Management LP increased its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 161.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 77,474 shares of the company’s stock after acquiring an additional 47,864 shares during the period. Invenomic Capital Management LP owned approximately 0.66% of John B. Sanfilippo & Son worth $5,470,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Engineers Gate Manager LP acquired a new stake in shares of John B. Sanfilippo & Son during the 4th quarter valued at about $846,000. AQR Capital Management LLC grew its position in shares of John B. Sanfilippo & Son by 2.4% during the 4th quarter. AQR Capital Management LLC now owns 42,910 shares of the company’s stock valued at $3,029,000 after acquiring an additional 1,009 shares during the period. Lazard Asset Management LLC acquired a new stake in shares of John B. Sanfilippo & Son during the 4th quarter valued at about $1,947,000. Trexquant Investment LP grew its position in shares of John B. Sanfilippo & Son by 112.1% during the 4th quarter. Trexquant Investment LP now owns 15,187 shares of the company’s stock valued at $1,072,000 after acquiring an additional 8,026 shares during the period. Finally, Jump Financial LLC acquired a new stake in shares of John B. Sanfilippo & Son during the 4th quarter valued at about $302,000. 70.64% of the stock is currently owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Trading Down 0.9%

JBSS stock opened at $77.65 on Thursday. The company has a current ratio of 2.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.10. John B. Sanfilippo & Son, Inc. has a 12-month low of $59.07 and a 12-month high of $85.15. The stock has a market cap of $907.73 million, a price-to-earnings ratio of 13.62 and a beta of 0.34. The business’s 50-day moving average is $78.09 and its 200 day moving average is $76.81.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.27. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%.The company had revenue of $281.78 million for the quarter, compared to analysts’ expectations of $260.83 million. On average, sell-side analysts anticipate that John B. Sanfilippo & Son, Inc. will post 5.85 EPS for the current fiscal year.

John B. Sanfilippo & Son Announces Dividend

The firm also recently announced a special dividend, which was paid on Thursday, May 21st. Shareholders of record on Monday, April 27th were paid a $1.50 dividend. The ex-dividend date of this dividend was Monday, April 27th. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is 15.79%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on JBSS. Wall Street Zen cut John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 23rd. Weiss Ratings upgraded John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $109.00.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc is a family‐held processor and marketer of tree nuts and snack nut products. Headquartered in Elgin, Illinois, the company operates manufacturing facilities, processing plants and sales offices across the United States and abroad. It supplies a broad range of channels, including retail, foodservice, industrial and private‐label customers.

The company’s product portfolio spans in‐shell and shelled pecans, walnuts, almonds, cashews, pistachios and peanuts, as well as mixed‐nut blends, chocolate‐covered treats, granolas and specialty snack items.